Saturday, January 5, 2013

TRILLION DOLLAR TREASURY OPTION!



President Obama has the option of issuing a ONE TRILLION DOLLAR PLATINUM COIN TO
PAY FOR THE NATIONAL DEBT.  The issue solves several problems with the Republican
hostage game strategy: (1) Obama does not have to risk using 14th Amendment which allows for
Presidential discretion to pay for debt but allows the House of Representative to bring impeachment
charges and creates the President hostage game to Political statemate games; (2) The Republican strategy
to shut down the government and create economic negative multiplier and investment accelerator
would attempt to force Democrats in to giving up Social Security and Medicare spending cuts; (3) The one trillion coin method allows for immediate deposit in the Federal Reserve Banks and creates checkwriting and Federal Bonding of debt to avoid paying high interest rates; (4) The coin can have the face of John Maynard
Keynes and legislation can be used to ratify after the event of issuing coin; (5) The Republicans would have to agree to efficiency cuts in the entitlement zone or face the trillion dollar coin. Another Republican defeat would now set the stage for a massive attack on 2014 Republican strongholds and creation of a new
Democratic majority in the House of Representative.

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